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Pending
  • Price cut: $51K (12/3)
    $499,000

    297 Old Turnpike NW Road, Banner Elk, NC 28604

    --beds
    2,826sqft
    : 
    Single Family Residence
    Built in 1977
    5.65 Acres Lot
    $-- Zestimate®
    $177/sqft
    $-- HOA

    What's special

    Post and beam constructionBeautiful level fieldExpansive open spacesSurrounding high country landscape
    This 4166 sq ft building is steeped in character and history, offering an extraordinary canvas for transformation. Built in 1977 as a pottery studio and sign making shop, it still carries its artisan roots including a large kiln on site, ready for use. The post and beam construction is a centerpiece, featuring reclaimed beams from a former fertilizer factory in Georgia. Some of these timbers measure an impressive 11' x 16" and are believed to be clear heart pine, a wood renowned for its durability and rich grain. Both the interior and exterior are clad in cypress, adding warmth and natural beauty to the structure. With its expansive open spaces, the building provides a perfect template to be remodeled into a one of a kind mountain home. The large beams and open framework lend themselves to custom layouts, whether you envision a rustic retreat, a modern mountain lodge, or a blend of both. Set on approximately 5.65 total acres, the property includes a .72 acre building lot, (separate PIN #) allowing flexibility for future investment or selling it separately. And also a beautiful level field that could be perfect for gardens or anything permitted by the town. Its location on one of Banner Elk’s original historic roads ties the property to the area’s past, while the surrounding High Country landscape offers endless recreational and lifestyle opportunities. This property is more than just a structure, it is an opportunity to craft a home as unique and enduring as the materials it was built with. There is a buried oil fuel tank currently in use that serves the circulating hot water heat. Baseboard electric is in the area of the home with the kitchen. .
    144 days
    |
    1,817
    |
    53
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 29, 2026 at 01:58pm

    Listed by:

    Marsha McManus (828)898-3500,

    The Summit Group Of The Carolinas,

    James Canterbury 828-260-5528,

    The Summit Group Of The Carolinas

    Source: High Country AOR,MLS#: 257989MLS LogoOriginating MLS: High Country Association of Realtors Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Hot Water, Oil, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Electric Range, Electric Water Heater, Refrigerator
    Features
    • None, Vaulted Ceiling(s)
    • Windows: Casement Window(s), Double Pane Windows
    • Basement: Full,Interior Entry,Walk-Out Access
    • Attic: None
    • Has fireplace: Yes
    • Fireplace features: Free Standing, Wood Burning
    Interior area
    • Total structure area: 4,166
    • Total interior livable area: 2,826 sqft
    • Finished area above ground: 2,826
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, No Garage, Paved, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Open
    • Exterior features: Paved Driveway
    • Has view: Yes
    • View description: Mountain(s)
    • Waterfront features: Creek, Stream
    Lot
    • Size: 5.65 Acres
    Details
    • Parcel number: 18490090711300000
    • Zoning description: R2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Mountain
    • Property subtype: Single Family Residence
    Materials
    • Frame, Other, See Remarks, Wood Siding, Wood Frame
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1977

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Not Connected, Public Sewer, Septic Permit 2 Bedroom
    • Water: Public
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Banner Elk

    Financial & listing details

    • Price per square foot: $177/sqft
    • Annual tax amount: $2,420
    • Date on market: 9/10/2025
    • Listing terms: Cash,Conventional,New Loan
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,771/mo

    Price history

    Price history
    DateEventPrice
    1/29/2026Pending sale$499,000$177/sqft
    Source: High Country AOR #257989 Report a problem
    12/3/2025Price change$499,000-9.3%$177/sqft
    Source: High Country AOR #257989 Report a problem
    9/25/2025Price change$550,000+10%$195/sqft
    Source: High Country AOR #257989 Report a problem
    9/10/2025Listed for sale$499,900$177/sqft
    Source: High Country AOR #257989 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,716/mo
    Principal & interest
    $2371
    Home insurance
    $175
    Property taxes
    $170

      Climate risks

      Neighborhood: 28604

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Banner Elk
      • Middle: Avery
      • High: Avery County

      Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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